The post Ripple News: Attorney Jeremy Hogan Predicts XRP Lawsuit Likely to Settle Before ETF Approval appeared first on Coinpedia Fintech News
As Bitcoin and Ethereum lead the charge with spot ETFs, XRP may be the next cryptocurrency to follow suit. With increasing institutional interest and a growing number of asset managers filing ETF applications, the buzz around an XRP ETF is intensifying. Adding to the speculation is the emergence of new SEC leadership, which could influence the approval process.
While no official timeline has been set, rumors suggest that XRP’s ETF could be approved by the end of 2024 or early 2025, especially with Paul Atkins, the crypto-friendly SEC chair under the Trump administration. His return could pave the way for a more favorable regulatory environment for digital assets.
The timeline for an XRP ETF depends on regulatory factors, especially the stance of the SEC under its new leadership. While some hope for a 2024 launch, others speculate the approval may come in early 2025. However, attorney Jeremy Hogan suggests that the ongoing legal case involving XRP may be resolved before the SEC approves any ETFs. He also wrote, “Not because it has to happen in that order, but because the ETFs will just take longer to dot the i’s and cross the t’s.”
XRP’s large market capitalization and shifting legal outlook after years of regulatory contention have made it a strong candidate for ETF approval. Major firms like Bitwise, Canary Capital, 21Shares, and WisdomTree have all filed for an XRP ETF in recent months, signaling growing institutional optimism.
Historically, ETF approvals have led to price rallies, with Bitcoin’s price surging after the launch of its Futures ETF. Experts predict that an XRP ETF could spark a similar surge in demand, bringing new liquidity and possibly increasing the value of XRP.